Rockefeller California Municipal Bond ETF (RMCA) Performance
RMCA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.9% since Dec 31, 2025
- 1 year
- −1.1% total return
- Since first price
- +1.3% since 2024
RMCA trailing returns vs SPY, QQQ, AGG
| Period | RMCA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.0% | +0.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.1% | −3.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.7% | −4.8% | +7.8% | +8.4% | −1.5% |
| YTD | −0.9% | −3.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −1.1% | −5.4% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 13, 2024 | +1.3% | −7.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: RMCA vs SPY
From Aug 13, 2024: RMCA grew to $10,133, SPY to $14,388.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
RMCA returns by calendar year
1 of 1 full years positive. Best 2025 (+2.4%), worst 2025 (+2.4%). 2026 is year to date.
RMCA annual returns table
| Year | RMCA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −0.9% | −7.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +2.4% | −5.9% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
RMCA risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | −0.7% |
| Volatility (annualized) | 5.8% |
| Sharpe ratio | -0.78 |
| Sortino ratio | -0.92 |
| Best month | +3.7% |
| Worst month | −4.3% |
| Best 12 months | +7.7% |
| Worst 12 months | −2.6% |
| Positive months | 56% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
RMCA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 15 | −2.6% | +2.4% | +7.7% | 73% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
RMCA performance overview
Rockefeller California Municipal Bond ETF (RMCA) returned −1.1% over the past year, with distributions reinvested. Since its first recorded price on Aug 13, 2024 it has returned +1.3%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: RMCA chart, RMCA dividends. See the RMCA overview for the latest quote and fund facts.
RMCA performance FAQ
What is the RMCA return over the past year?
RMCA returned −1.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.4%.
How much would $10,000 invested in RMCA be worth?
$10,000 invested in RMCA at its first recorded close on August 13, 2024 would be worth about $10,133 on October 23, 2026 with distributions reinvested.
How volatile is RMCA?
Over the past history RMCA had an annualized volatility of 5.8% and a Sharpe ratio of -0.78 (excess return over 1–3 month T-bills per unit of risk).